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Operational Risk Group Director

Ref: 9221931

  • Highly Competitive
  • 22 Sep 2020
  • Dublin (Central)
  • Perm

This is a phenomenal opportunity to join a well-known, highly regarding leading financial services institution as their Director of Group Operational Risk. Extensive background in this field with proven ability to build an evolving and effective robust 2nd line operational risk framework is key. Ideally 8-10 years plus experience within financial services / risk advisory.

The Role:

Reporting to the Head of ERM and a part of the senior management team. the ideal candidate will be leading their best in class operational risk management framework for Group. A solid understanding of financial services operating models (ideally in Insurance, Asset Management or Banking), with an excellent ability to navigate a complex portfolio of specialist business divisions. Exceptional relationship management skills and strong pragmatic, commercially minded influencing leadership Managing the central operational risk team, delivering clear and robust direction to the Operational Risk Steering Committees and SLT against any operational risk issues. Leading the Group Operational Risk Committee and presenting to Board Risk Committee. The role demands a commercially astute, risk minded senior professional to develop cohesive framework.

Key Responsibilities:

• Develop and evolve key risk indicators and risk exposure measures from each of the businesses to ensure that the group remains within its operational risk appetite. • Preparing regular communication and reporting for all stakeholders in an appropriate form. Key liaison when necessary with regulators on operational risk matters and targeted risk assessments • Manage the day-to-day activity of the Group Operational Risk team • Provide expert advice and guidance to divisional leads • Lead the contribution to the Group Solvency Self-Assessment process (eg. Group ORSA) relating to Operational Risk and Internal Controls. • Demonstrate the value of effective operational risk management to senior business management • Drives a continuous understanding of the respective and different roles and responsibilities of the 1st and 2nd lines of defence for operational risk management • Forward thinking and planning against emerging risks and regulatory developments which may impact the business. • Designs and regularly updates a suite of Key Risk Indicators • Manage the agenda for the Group Operational Risk Committee meetings • Reviews, challenge and provides constructive feedback on all group company operational risk • Deal with all Central Bank and other regulators’ reviews and queries in relation to operational risk.

The Ideal Candidate for the Director of Group Operational Risk Job

• Degree and / or professional qualification (e.g. risk management, audit, finance, actuarial) with excellent operations background and acute appreciation of operational risk from a 1st and 2nd line perspective. PRMIA, Ops Risk Management Cert etc. • A strong blend of technical risk management ability, judgement and commercial awareness • Significant experience in risk, audit, and operations within financial services • Strong influencing skills at senior stakeholder / board levels and at all levels across the operations. • Excellent attitude and aptitude to the fast pace of changes (product, regulatory, market / macro etc) and exceptional interpersonal skills. • Knowledge of Solvency II is an advantage For more information and a confidential discussion on this Director of Group Operational Risk job, please contact Estelle Davis on 01 662 1000 or email [email protected]